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AFRICOAST ENERGY LAUNCHED
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AFRICOAST ENERGY LAUNCHED

FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.
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NTCSA appoints CFO

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The National Transmission Company South Africa (NTCSA) has appointed Maureen Manyama CFO. “We are pleased to welcome Maureen to the NTCSA. Her extensive financial leadership experience, strong governance background and proven ability to lead transformation will further strengthen our executive team as we continue to advance the NTCSA’s strategic mandate to deliver a competitive liberalised electricity marketplace and support South Africa’s energy future,” says NTCSA CEO Monde Bala.

Commission recommends Tribunal approve Bidco’s acquisition of Balwin

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The Competition Commission has recommended to the Competition Tribunal that it approve the proposed transaction whereby Bidco intends to acquire property group Balwin Properties, without conditions. The primary acquiring firm, Bidco, is controlled by the Government Employees Pension Fund (GEPF) and is represented by the Public Investment Corporation (PIC) and Volker Holdings.

Commission recommends to Tribunal that it approve Harith's buyout of FlySafair, but with conditions

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The Competition Commission of South Africa has announced that it has recommended to the Competition Tribunal that the latter approve the acquisition of Safair Holdings by Harith Aviation, with conditions. Safair Holdings, which controls Safair Operations, is currently owned, ultimately, by ASL Aviation Holdings. In turn, Safair Operations owns and operats low-cost airline FlySafair, which operates scheduled passenger services both domestically and regionally, and carries cargo in the belly holds of its airliners.

Agri SA, Bacsa take hands to improve national evidence base needed to address rural crime

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Industry organisations Agri SA and Business Against Crime South Africa (Bacsa) have signed a memorandum of understanding to strengthen collaboration on rural crime and safety data to improve the evidence available to law enforcement, policymakers and the agriculture sector in identifying, investigating and prosecuting crime. The partnership establishes a framework for the collection, validation, analysis and reporting of rural crime data, leaning on Bacsa’s flagship E2-Plus crime-fighting platform.
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